22 A convertible loan is: (a) A loan issued by a company which can be converted into...
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22 A convertible loan is:
(a) A loan issued by a company which can be converted into shares at a later date
(b) Money borrowed to buy the managing director a convertible car
(c) Raw materials lent to the business which are to be converted into a finished product
(d) A loan issued by a company which can be converted into a different currency at a later date
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Related Book For
Accounting And Finance For Business
ISBN: 9780273773948
1st Edition
Authors: Geoff Black, Mahmoud Al-Kilani
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